Hwy 5 & Pennsylvania Ave Melissa, TX 75454
- Retail properties
- 1 SF
- 12.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Hwy 5 & Pennsylvania Ave
- Lot size
- 12.00 lot acres
- Property size
- 1 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 12-acre commercial land parcel presents a rare opportunity for retail development in the thriving city of Melissa, Texas. Located at the strategic intersection of Highway 5 and Pennsylvania Avenue in Collin County, this property offers unparalleled visibility and accessibility. The site is divided into two available pad sites, ranging from 5 to 6 acres each, providing flexibility for various retail concepts. With a total land area of 12 acres, this property offers ample space for substantial development. The "Owens Crossing" location boasts a prime position within a rapidly growing area, ensuring high traffic volume and strong potential for return on investment. The property is zoned for commercial use, simplifying the development process. Utilities are available, and the site is ready for immediate development. This is an ideal location for businesses seeking to establish a strong presence in a dynamic and expanding market. The property's location in Collin County, Texas, offers access to a robust infrastructure and a thriving community. This is a unique opportunity to acquire a significant retail land parcel in a high-growth area. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime location for your next retail venture.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melissa
- County
- Collin
- State
- Texas
- Longitude
- -96.5692
- Latitude
- 33.2949